Financial Statements - Geberit

Geberit Group
Report of the Group Auditors
To the General Meeting of Geberit ag, Jona
As auditors of the Group, we have audited the consolidated financial statements
expressed in Swiss francs (balance sheet, income statement, statement
of shareholders’ equity, statement of cashflows and notes, page 44 to 81) of
the Geberit Group for the year ended 31 December 2000.
These consolidated financial statements are the responsibility of the Board
of Directors. Our responsibility is to express an opinion on these consolidated
financial statements based on our audit. We confirm that we meet the legal
requirements concerning professional qualification and independence.
Our audit was conducted in accordance with auditing standards promulgated
by the Swiss profession and with the International Standards on Auditing
issued by the International Federation of Accountants (ifac), which require
that an audit be planned and performed to obtain reasonable assurance
about whether the consolidated financial statements are free from material
misstatement. We have examined on a test basis evidence supporting the
amounts and disclosures in the consolidated financial statements. We have
also assessed the accounting principles used, significant estimates made
and the overall consolidated financial statement presentation. We believe
that our audit provides a reasonable basis for our opinion.
In our opinion, the consolidated financial statements give a true and fair
view of the financial position, the results of operations and the cashflows in
accordance with the International Accounting Standards (ias) and comply
with Swiss law.
We recommend that the consolidated financial statements submitted to you
be approved.
PricewaterhouseCoopers ag
Amity S. Forrest Daniel Ketterer
Zurich, Switzerland, 5 March 2001
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